Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    18485 Clay Rd Houston, TX 77084

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18485 Clay Rd Houston, TX 77084

    View on Map
    • Land
    • 1.84 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 18485 Clay Rd

    Lot size
    1.84 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 1.837-acre commercial and industrial land parcel is ideally situated on a prominent corner of Clay Road in Houston, Texas, zip code 77084, within Harris County. Its prime location ensures high visibility and accessibility, benefiting from significant traffic counts. The unrestricted nature of the land offers a wide range of development possibilities, making it suitable for various commercial ventures. Its strategic positioning provides unmatched access compared to other available properties, with convenient access points from adjacent roadways. This makes it particularly well-suited for businesses requiring high traffic flow, such as quick-service restaurants. Market analysis indicates a strong demand for grocery stores, restaurants, fast-food establishments, and storage facilities in this area. A nearby McDonald's reported 343,000 visitors in the past year, highlighting the substantial foot traffic in the vicinity. The property is further enhanced by the excellent daytime population and the presence of booming industrial development nearby. Detailed demographic information and a void analysis are available upon request. This is a rare opportunity to acquire a highly visible and strategically located property in a rapidly growing area. The asking price is $975,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.6875
    Latitude
    29.8312

    Comparable in this City

    • Value Estimation by Request
      9.60 Acres

      Barker Spg Rd

      Land • 9.60 Acres
      0 Barker Spg Rd, Katy, TX 77084
      View Details
    • Value Estimation by Request
      1.00 Acre

      5225 Timber Creek Place Dr

      Land • 1.00 Acre
      5225 Timber Creek Place Dr, Houston, TX 77084
      View Details
    • Value Estimation by Request

      16205 Kieth Harrow Blvd

      Multifamily properties
      16205 Kieth Harrow Blvd, Houston, TX 77084
      View Details
    • Value Estimation by Request
      257,474 SF

      1304 Langham Creek Dr

      Distribution properties • 257,474 SF
      1304 Langham Creek Dr, Houston, TX 77084
      View Details
    • Value Estimation by Request

      Barker Cypress Rd

      Land
      0 Barker Cypress Rd, Houston, TX 77084
      View Details
    • Value Estimation by Request
      17.95 Acres

      Kingfield Dr

      Land • 17.95 Acres
      0 Kingfield Dr, Houston, TX 77084
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Available in Houston, Texas

      Land for sale at 16222 Cairnway Dr, Houston, TX.
      16222 Cairnway Dr, Houston, TX 77084
      View Details
    • Contact for pricing
      179,218 SF

      Prime Land in Houston, TX

      5-acre land ideal for logistics, industrial, or mixed-use development.
      16205 Kieth Harrow Blvd, Houston, TX 77084
      View Details
    • Contact for pricing

      Industrial Building with Office Space

      83,604 SF industrial building with office and warehouse space.
      17200 Park Row Dr, Houston, TX 77084
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Timber Creek Place Office/Industrial Space

      Office and industrial spaces available for lease in Houston.
      16125 Timber Creek Place Ln, Houston, TX 77084
      View Details
    • Contact for pricing
      11,700 SF

      Industrial Space Available For Lease

      Industrial property offering flexible space for lease in Houston, TX.
      18515-18545 Clay Rd, Houston, TX 77084
      View Details
    • Contact for pricing

      Houston Outdoor Storage Space

      20,000 SF outdoor storage space in prime Houston location.
      16840 Clay Rd, Houston, TX 77084
      View Details
    • Contact for pricing

      Park Row

      Discover many ways to work your way in Castle Hills
      1400 Broadfield Blvd, Houston, TX 77084
      View Details
    • Contact for pricing

      The WareHouse by PETRA Built Foundation

      The WareHouse: Sunday Worship and Church Event Rental
      1718 Fry Rd, Houston, TX 77084
      View Details
    • Contact for pricing
      5,851 SF

      Energy Corridor Flex/Industrial Space

      Flex/industrial space in master-planned Energy Corridor business park.
      16115-16155 Park Row, Houston, TX 77084
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18485 Clay Rd
    Houston, TX 77084
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    18485 Clay Rd, Houston, TX, 77084
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!